The difficult issue here is determining the VLR's effect on
guaranteed values. One answer is that the VLR is unbounded, so
guaranteed values cease to exist as soon as a loan is taken.
Another answer is that the VLR is limited by state usury laws,
in states that have usury laws and apply them to the VLR; that
would call for behavior that varies by state, and would lead
to the first answer in many states. Yet another approach: pick
the highest usury limit in any state, and deem that to limit
VLR in all states. Anyone who uses this feature would want to
get legal advice in any case.